>>14104808I have a PhD in physics and experience in data science, and I have been trying to beat the market for 3 years now. Initially I made lots of money (600% return in 6 months), then I started fucking up and went to 0. Now I *think* I maybe understand what I did right and what I did wrong and will try again.
Some basic pieces of advice:
>Focus on how much you can lose and not on how much you can win, and assume that you are going to lose>Always cross-validate your models, it's the only way to discard overfits>A model with 1000 free parameters that cannot be explained will be noise and will not work. >Trade stocks not futures>Don't day trade>Win rate is a more robust metric than profit. Sharpe ratio is useless for optimization purposesI think that covers the basic stuff. You can accept these as axioms and increase your chances or success, or you can ignore everything I said, get fucked and then think "I should have listened"
Good luck
